Bezeq Israel Telecom reported a 23% rise in fourth-quarter profit, citing a reversal of a provision it was required to pay into for a fund to help finance the deployment of a fibre optic network in areas it did not opt to serve. For all of 2024, adjusted net profit fell 4.7% to 1.27 billion shekels. It projected 2025 adjusted net profit of about 1.2 billion.